Contract Information Class 1 |
| Reference Number |
CDU2019_001 |
| Amount Payable |
Greater than $150,000.00
19,800,000 |
| Effective Date |
16/01/2025 |
| Completion Date |
31/12/2033 |
| Name and business address of the contractor |
Keyton Future Development No. 1 Holding Pty Ltd - Level 45, Bourke Place 600 Bourke Street Melbourne Victoria 3000 Australia
|
| Particulars of the project to be undertaken, the goods or services to be provided or real property to be leased/transferred |
UOW has engaged Keyton Holding (formerly Lendlease) as the Developer for the UOW Health and Wellbeing Precinct to be developed on UOW Land at Innovation Campus and will include::
Preparation of a masterplan for the development of the precinct
finance, design and construct the project deliverables and other works as per the Agreement |
| Details of any related body corporate or private sector entity who will be involved in carrying out any of the contractor’s obligations or receive a benefit. |
Keyton Holding Pty Ltd
|
| Are there any provisions under which the amount payable may be varied? |
Yes |
| Amount Payable Variation Clauses |
Clause 18.4. |
| Can the contract be renegotiated? |
No |
| Did the contract involve a tender process? |
Yes |
| Tendering Method |
Open market, EOI followed by Request for detailed proposal phase |
| Tendering Criteria |
As per UOW's tender selection criteria and includes:
Proponent team and experience 5%
contractual terms 10%
development concept and vision 25%
operations and collaboration agreement 20%
project viability and risk 15%
financial capacity and certainty 5%
value 20% |
| Description of any provisions under which the contractor is to receive payment for providing operational or maintenance services |
N/A |
Contract Information Class 2 |
| Is there a transfer of significant assets to the State? |
No |
| Is there a transfer of significant assets to the contractor? |
No |
| Has any cost-benefit analysis been undertaken by UOW? |
No |
| Was a public sector comparator used? |
No |
| Did the contractor provide a base case financial model? |
No |
| If relevant, provide details of how risk is to be apportioned between the parties. |
Risks have been identified and addressed in accordance with UOW's risk appetite and approved risk mitigation strategies |
| Have there been any significant guarantees or undertakings between the parties? |
No |
| Other Key Elements |
N/A |
Contract Information Class 3 |
| Is a complete copy of this contract included in the register? |
No |
| Details of the reasons why all or part of the contract has not been included in the register |
The University is in the process of identifying which terms of the contract are subject to the exception contained under s32(1) of the GIPA Act. Once this has occurred the appropriate provisions which are required to be disclosed will be included, |
| Details of whether the contract or any provisions will be included at a later date and if so, when |
Yes, please contact the Information Compliance Unit for further information at icu-enquiry@uow.edu.au. |
| General description of the types of provisions that have not been included in the register if some but not all of the provisions of the contract have been included |
See above. |
| Contract |
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